A Look at Berkshire Hathaway’s Top Stock Holdings in 2Q17
Berkshire Hathaway’s top stock holdings
In the previous part of this series, we saw that Warren Buffett’s Berkshire Hathaway (BRK.B) has invested heavily in the financial sector (XLF), consumer staples sector (XLP), and information technology sector (XLK).
Interested in AAPL? Don't miss the next report.
Receive e-mail alerts for new research on AAPL
Kraft Heinz (KHC), Wells Fargo (WFC), Apple (AAPL), Coca Cola (KO), and American Express (AXP) are the top five holdings of the firm. These stocks accounted for 17.2%, 16.0%, 11.6%, 11.1%, and 7.9%, respectively, of Berkshire Hathaway’s portfolio in 2Q17.
According to the institutional ownership report, Berkshire Hathaway is the largest investor in Kraft Heinz with 325.6 million shares as of June 30, 2017. The Vanguard Group is the second-largest investor with 42.6 million shares. For Wells Fargo, Berkshire Hathaway is the largest investor with 467.9 million shares, and the Vanguard Group is the second-largest investor with 314.7 million shares as of June 30, 2017.
The large positions in these stocks could be indicating that Berkshire Hathaway is confident about these stocks’ future performances.
For more information be sure to read Where David Tepper Placed His Bets in 2Q17.